The openly unemployed in LDCs are usually from all of the following except ?

A. Persons 15 to 24 years old
B. The educated
C. Residents of urban areas
D. From the poorest 1/5 of the population

Which of the following is not TRUE about unemployed in LDCs ?

A. The unemployment rate for youths is twice that of people over 24
B. Unemployment in rural areas is twice that of urban areas
C. World-wide there are fewer unemployed females than males, but the rate is higher for women
D. The unemployed are relatively well educated

The invisibly underemployed ?

A. Are workers who are compelled to work short hours
B. Result from an inadequate use of workers capacities
C. Are part-time workers who voluntarily work short hours
D. None of the above is correct

The theoretical basis for zero marginal productivity of labor was the concept of ?

A. Marginal rate of substitution
B. Labor force literacy
C. Substitution of leisure and work among labor
D. Limited technical sustainability of factors

Which of the following is not TRUE about rural urban migration ?

A. Migration to the cities is a larger contributor than natural population growth to urban labor growth is sub saharan africa
B. In latin america natural population increase is the major source of urban growth
C. From 1975 to 2000 the number of cities in ldc with populations over 1 million increased from 20 to 50
D. The urban share of total ldc population grew from 27 percent in 1975 and 35 percent in 1992 to 40 percent in 2003

Disguised unemployed is?

A. When marginal revenue productivity of labor is zero
B. The same as seasonal unemployment of ldc agricultural
C. The rigid factor proportions in ldc agriculture and industry
D. Due to capital formation and the level of technology remaining constant.

According to Harris and Todaro, creating urban jobs by expanding industrial output ?

A. Is insufficient for solving the urban unemployment problem
B. Will generate capital-intensive technologies
C. Will generate more government revenue through urban wages
D. Induces government to increase minimum wages

The simplest explanation based on Lewis’s model for rural-urban migration is ?

A. That people migrate when urban wages exceed rural wages
B. A higher expected income in urban areas
C. Better infrastructure in urban areas
D. The availability of labor-intensive jobs in urban areas

Policies to reduce factor price distortion include?

I- Encouraging small-scale industry
Ii- decreasing subsidies to capital investors
Iii- reducing social security programs and payroll taxation
Iv- setting market-clearing exchange rates

Based on Nafziger and Auvinen’s study high unemployment rates ?

I- Represent a vast underutilization of human resources
Ii- are potential source of social unrest and political discontent
Iii- are uncomerated with poverty and inequality in lcds
Iv- are associated with middle age rural uneducated males